Dumbo-based Alloy Development is attempt to halt a city plan to seize some of its land in Gowanus in order to build sewage tanks on the site, offering to donate part of the property for use as a green space.

The developer had planned to build a commercial building on the land, at 234 Butler Street and 242 Nevins Street.

The vacant 52,000-square-foot site at 234 Butler, where Alloy holds a 99-year ground lease, has 104,000 square feet of buildable space, according to Massey Knakal. (more…)

Source: Alloy offers green space as eminent domain alternative